Just called CIC at
1-888-242-2100, pretty helpful information. Thanks
@KiranK
1. Medicals passed but for whatever reason its not reflected in my profile.
2. Criminality check in progress.
3. Haven't begun eligibility and security check yet.
Important conclusion: even though the BGC in my profile reads "We are processing your background check. We will send you a message if we need more information." I am still in IP1. So a word of advice to everyone,
IP1 / IP2 cannot be discerned just based on the wordings in your profile. Instead rely on GCMS notes (that takes a month to arrive) or call CIC directly (apparently only for applicants within Canada) to find out. Now atleast I know I am in IP1 so need to sit back and relax as CIC will move on my application at its own pace.
Peace out and good luck to all !